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Investing

Vivendi invests in digital communication group Progressif Media

Published by maria gbaf

Posted on January 19, 2022

Featured image for article about Investing

PARIS (Reuters) – Vivendi said it was investing in digital communication group Progressif Media through the purchase of a 8.5% stake from ZeWatchers, with the financial terms of this deal not disclosed.

ZeWatchers will own a 30% in the company while the three Progressif Media founders, Emile Duport, David Bonhomme and Thomas Ghys, will retain 60% of the company.

(Reporting by Dominique Vidalon; Editing by Sudip Kar-Gupta)

ZeWatchers will own a 30% in the company while the three Progressif Media founders, Emile Duport, David Bonhomme and Thomas Ghys, will retain 60% of the company.

(Reporting by Dominique Vidalon; Editing by Sudip Kar-Gupta)